Welcome to this outstanding waterfront opportunity in the highly desirable Baywood Village community. This home offers the perfect scenario for investors looking for a flip, or a buyer longing to design their dream waterfront home. This residence provides unique bay access, perfect for small boat enthusiasts, while larger vessels are conveniently catered for at Baywood Village's private boat ramp just blocks away. The finished & permitted first floor offers a bedroom with den, a full bathroom, and a convenient laundry room and would make the perfect guest suite for visitors or in-laws. Take the stairs up to the second floor, where you're immediately wowed by the most wonderful water views from the living room. This home has the perfect split floor plan affording privacy to all of it's occupants but bringing everyone together in the heart of the home. Adjacent to the living room are two good-sized bedrooms with a full bath located conveniently between them. Located at the front of the home, the kitchen and dining room offer ample space for cooking, gathering and entertaining with family and friends. A separate primary suite includes a spacious bedroom, walk-in closet and an en-suite bath providing a private retreat within the home. Undoubtedly, the highlight of the house is the screened-in patio with its incomparable views, inviting you to relax and enjoy the serene waterfront lifestyle of your dreams. Venture back outside to the lower level, and your large backyard with room enough for a pool and your own private dock. Situated in the hotspot of Palm Harbor, this Baywood Village home is just a short distance from the Pinellas Trail, Dunedin, Tarpon Springs, Fred Howard Park & Sunset Beach and minutes to award-winning beaches, shopping, and an array of casual & fine dining options. Don't miss this rare chance to create your perfect retreat on the water in one of the area's most coveted communities. Be it a profitable flip or your personal residence, this waterfront home holds immense potential for the right cash buyer.